Apple reported a 38% surge in China revenue and record iPhone 17 sales in fiscal Q1 2026, helping it beat earnings expectations as Tim Cook called it the best iPhone quarter ever in the region.

Apple's stock rose after hours on iPhone revenue that handily beat Wall Street's estimates. CEO Tim Cook talked China, AI, and the memory shortage.

Apple just crushed it, hitting their best quarter ever with a massive $143.8 billion in revenue. The star of the show was the iPhone, with sales jumping an incredible 23%. On top of that, their services business also hit an all-time high,

Add Yahoo as a preferred source to see more of our stories on Google. Apple CEO Tim Cook poses on the red carpet at the 77th Primetime Emmy Awards in Los Angeles, California, U.S., September 14, 2025. REUTERS/David Swanson BEIJING (Reuters) -China's ...

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook said the iPhone maker will continue to “increase investment” in China during his visit to the world’s second-largest economy, at a time when U.S. President Donald Trump has threatened to slap tariffs on imports.